Member Sign In

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

Zacks #1 Ranked Balanced Funds

Balanced funds provide investors with the convenience of buying into a single fund rather holding both equity and bond funds. This category of funds also reduces a portfolio’s volatility while providing higher returns than pure fixed income investments. Fund managers of such funds also enjoy the flexibility of varying the proportion of equity and fixed income investments in response to market conditions. An upswing may prompt them to hold a relatively higher share of equity in order to maximize gains; whereas a downturn sees them turning to fixed income investments to stem losses.

Below we will share with you 5 top rated balanced mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all balanced funds, investors can click here to see the complete list of funds.

Mairs & Power Balanced (MAPOX - Free Report) invests with the objective of obtaining yield which is at least 25% higher than the S&P 500. Investments are parked in equity and fixed income securities. The balanced mutual fund returned 19.50% in the last one year period.

Ronald Kaliebe is the fund manager and has managed this balanced mutual fund since 2006.

DWS Global Income Builder A (KTRAX - Free Report) seeks maximum income in addition to capital growth. The fund invests in securities irrespective of size, category or credit worthiness issued by any company in the globe. A minimum of 40% of its assets are invested in securities issued by foreign companies. The balanced mutual fund returned 12.46% over the last one year period.

As of July 2013, this balanced mutual fund held 547 issues, with 3.70% of its total assets invested in Procter & Gamble Co.

ING Franklin Income Portfolio (IIFAX - Free Report) invests in both equity and debt securities. The fund focuses on increasing its income by investing in foreign, corporate and U.S. Treasury Bonds. Stocks which have high dividend yields are also considered for investment. The balanced mutual fund returned 12.45% over the last one year period.

The balanced mutual fund has an expense ratio of 1.38% compared to a category average of 0.93%.

Wells Fargo Advantage Growth Balanced (NVGBX - Free Report) seeks capital appreciation and current income. Investments are made in those securities with low volatility and the potential to provide steady returns. At least 65% of its assets are invested in equity while the remainder is invested in fixed income securities. The balanced mutual fund returned 21.14% in the last one year period.

Thomas Biwer is the fund manager and has managed this balanced mutual fund since 2005.

Delaware Foundation Moderate Allocation A (DFBAX - Free Report) invests 60% of its assets in equity securities while the remainder is allocated for fixed income instruments. A maximum of 15% of its assets are invested in securities issued by the emerging markets. Between 10% to 60% of its assets are invested in foreign securities. The balanced mutual fund returned 12.22% over the last one year period.

The balanced mutual fund has an expense ratio of 1.13% compared to a category average of 1.01%.

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at https://www.zacks.com/funds.

Resources

Client Support

Follow Us

Zacks Research is Reported On:

Yahoo

MSN

Marketwatch

Nasdaq

Forbes

Investors.com

Morningstar

Copyright 2017 Zacks Investment Research

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +25% per year. These returns cover a period from 1988-2016. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zack Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Visit performance for information about the performance numbers displayed above.